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510 W 144th St
New York, NY 10031
Multifamily Property For Sale
·
44 Units
Investment Highlights
- 510 West 144th Street is 25% free market with 11 of 44 units providing a clear path to rent growth.
- 8.5% Cap Rate | 5.5 x GRM | $145 per square foot
- There is also one rent-controlled 2 bedroom apartment, presenting investors with potential long-term upside.
- 510 West 144th Street is conveniently located near the 145th Street D & 1 Subway Lines, The City College of NY, and Montefiore Hospital.
Property Facts
| No. Units | 44 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 41,420 SF |
| Property Subtype | Apartment | No. Stories | 6 |
| Apartment Style | Mid-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-2 has less parking requirements. | ||
| No. Units | 44 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 41,420 SF |
| No. Stories | 6 |
| Year Built | 1925 |
| Zoning | R7-2 - R7 Zoning is considered medium density residential. It is broken into 2 basic zoning districts R7-1 and R7-2. R7-2 has less parking requirements. |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- Courtyard
- Property Manager on Site
- Waterfront
- Elevator
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 44 | - | 969 |
Property Taxes
| Parcel Number | 2075-0039 | Improvements Assessment | $1,002,330 |
| Land Assessment | $202,500 | Total Assessment | $1,204,830 |
Property Taxes
Parcel Number
2075-0039
Land Assessment
$202,500
Improvements Assessment
$1,002,330
Total Assessment
$1,204,830
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